Realmo Analytics

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Property profile

108 S 108Th St Seattle, WA 98168

FOR SALE
Other commercial real estate
Property ID
US90-1602494
2,460 SF 0.11 ac lot Built 1948
Last sale Aug 2021 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Remodeled mixed-use building with a light industrial designation, totaling approximately 6,000 sq ft, was remodeled in 2022 and features an installed roof replacement in 2021. The building includes multiple office spaces, a kitchen, and warehouse areas supported by 3-phase power. The warehouse has a 12 ft by 12 ft roll-up door for exterior grade-level loading, with an additional 1,380 sq ft of warehouse space in the downstairs area. Upstairs are two apartments, each approximately 690 sq ft,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value · 2023$228k
Assessed land$89k
Assessed improvement$139k
Effective rate3.41%

Value estimate

· Oct 2026
$975k
$878k – $1.07M
AI approach$975k
Submarket $/SF estimate$615k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$506/SF
Submarket average, outlier-cleaned · 269 recorded sales of this use type
Observed band · Q1–Q3$213 – $957
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBPSO
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.9
Dental Office21.7
Realty agency20.8

Location

108 S 108Th St Seattle, WA 98168
County assessor Recorded deeds · 5 transfers 24 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14615 1st S, Burien, WA 98168-3423 $1,265,000 Dec 2020 7,200 SF
13028 Interurban S, Tukwila, WA 98168-3340 $40,000,000 Nov 2019 17,200 SF
12677 Marginal S, Tukwila, WA 98168-2562 $2,300,000 Jul 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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